Is the policy-minus-inflation gap an official real interest rate?

No. It is an illustrative comparison between a point-in-time policy rate and lagging annual World Bank inflation, not an investment return or official real rate.

Official-source policy reference

African policy rates, with unsupported rows kept out.

Q: Are AfroRates values live?

No. AfroRates presents a reviewed committed snapshot and withholds a row unless its official-source and verification evidence passes the current gate.

Q: Why are some African countries missing?

A missing country means its committed row did not meet the evidence contract. It does not mean that country lacks a central bank or policy rate.

AfroRates checks every candidate row before display. A policy rate needs an official issuing-bank link, a decision date, a recent verification timestamp and an explicit verified code. Annual World Bank inflation is shown separately as lagging context—not as a live figure.

Fail-closed dataOfficial link per rowAnnual CPI clearly datedPrivate local exports

Read in Français or Kiswahili.

Checking evidence

Verified policy rows—

Rows withheld—

Shown rate range—

Rows with annual CPI—

Rows that passed the evidence gate

The illustrative gap subtracts annual World Bank CPI from a point-in-time policy rate. These periods and concepts differ, so use it only as orientation.

Search country or bank

Sort rows

Country	Central bank	Policy rate	Annual inflation	Illustrative gap	Evidence

Evidence-gated API

The public endpoint applies the same strict policy-rate filter as this page. Coverage metadata distinguishes candidate, verified and withheld rows. A country without complete evidence is not returned as current.

GET /api/rates?metric=policy_rate
GET /api/rates?country=KE
GET /api/rates?metric=inflation

Deliberately absent: MPC calendars and T-bill/bond tables. The committed snapshot currently has no qualifying rows for those fields, so AfroRates does not render empty features as if they were populated.

Evidence contract

A displayed row needs a numeric 0–100% rate, a recognised official central-bank HTTPS host, a decision date, verification no more than 45 days old and inclusion in the snapshot’s verified-code list. If both API and snapshot fail, all rates stay hidden.

Freshness is per row

The dataset generation time does not make every record current. AfroRates shows the decision date and verification date for each row so you can judge its age and open the issuing bank before acting.

Privacy and exports

Search, sorting, CSV and PDF generation stay in your browser. AfroRates does not send your search to AI, analytics or a user account. Exports contain public reviewed data only.

Questions people ask

Are AfroRates values live?

No. This is a reviewed committed snapshot. A central-bank announcement can supersede it at any time.

Why are some African countries missing?

Their committed rows did not pass the evidence contract. Missing is safer than presenting an unsupported value as current.

Is the gap an official real interest rate?

No. It is a rough cross-period comparison, not an official measure, investment return or borrowing recommendation.